Returning to structuralist macroeconomics for unleashing India’s development
The absence of mass-market demand continues to be a limiting constraint
Lance Taylor, who handed final week, lectured in Delhi in 1988. He made macroeconomics come alive and related to this dissatisfied economics post-graduate, addressing structural obstacles to development and fairness that simplistic supply-side macroeconomics bypassed.
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First Revealed: Wed, August 24 2022. 00:45 IST